HS Code 19049001: Cereals, other than corn, in grain form or form flakes or other worked grain (not flour, groat & meal), pre-cooked or otherwise prepared, nesoi
Cereals are an essential part of our daily diet and play a significant role in providing us with the necessary nutrients and energy. HS Code 19049001 specifically refers to cereals, other than corn, in grain form or form flakes or other worked grain (not flour, groat & meal), pre-cooked or otherwise prepared, nesoi. Let's delve deeper into this HS code and understand its implications.
The HS code system is an international standard for classifying products in international trade. It helps in harmonizing trade practices and customs procedures across different countries. HS Code 19049001 falls under Chapter 19 of the Harmonized System, which deals with preparations of cereals, flour, starch, or milk; pastrycooks' products.
The product description of HS Code 19049001 specifies that it includes cereals other than corn, in grain form or form flakes or other worked grain (not flour, groat & meal), pre-cooked or otherwise prepared, nesoi. This means that it covers a wide range of cereals that have undergone some form of processing or preparation but are not in the form of flour, groat, or meal.
When it comes to trade barriers and market access, the Bound / MFN (Most Favored Nation) duty rate for HS Code 19049001 is 14%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. The 14% duty rate applies uniformly to all countries unless there are special tariff preference programs in place.
The quantity unit for HS Code 19049001 is kilograms (KG). This unit of measurement is used to determine the weight of the cereals being imported or exported under this HS code.
Now, let's discuss the special tariff preference programs associated with HS Code 19049001. These programs are designed to promote trade and provide certain countries with preferential treatment in terms of customs duties. The following countries enjoy specific tariff rates for importing cereals under HS Code 19049001:
- Free: Generalized System of Preferences (GSP) provides duty-free treatment for importing cereals from eligible countries. The countries that enjoy this preferential treatment for cereals under HS Code 19049001 are Bahrain, Canada (under NAFTA), Chile (under a special rate), the Caribbean Basin Initiative (CBI), Israel (duty-free treatment), Andean Trade Preference Act (ATPA), Jordan (special rate), Morocco (special rate), Mexico (under NAFTA), Oman (special rate), and the Dominican Republic-Central American Special Rate (DR-CAFTA).
- 5.6%: Australia enjoys a special rate of 5.6% for importing cereals under HS Code 19049001.
- 1.7%: Singapore enjoys a special rate of 1.7% for importing cereals under HS Code 19049001.
These special tariff preference programs aim to foster trade relationships and provide incentives for importing cereals from specific countries. They help reduce customs duties and make the import of cereals more economically viable.
When it comes to importing cereals under HS Code 19049001, it is essential to consider the specific requirements and regulations of the importing and exporting US states. Each state may have its own rules and regulations regarding the importation of cereals, including labeling requirements, quality standards, and certification processes. It is crucial to comply with these regulations to ensure a smooth importation process.
HS Code 19049001 covers cereals, other than corn, in grain form or form flakes or other worked grain (not flour, groat & meal), pre-cooked or otherwise prepared, nesoi. This HS code is important for international trade and is governed by specific duty rates and special tariff preference programs. Understanding the implications of this HS code is essential for both exporters and importers of cereals. Compliance with regulations and requirements of importing and exporting countries is crucial for a successful trade in cereals under this HS code.
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